It may be true that human capital can walk, but nondisclosure agreements, incremental vesting and health benefits -- not to mention car payments, mortgages and diapers -- mean that walking often isn't simple. Smart businesses, ironically, may make themselves attractive to potential employees by ensuring that they're easy to leave, not just to start at. And even though this article is about "knowledge work," it bears repeating that only a small fraction of jobs fit that category.
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dsplat writes: "Business 2.0 has an article titled Mind Over Matter concerning the implications of "knowledge work" and its potential effects on the relationships between corporations, their employees and their customers. In many ways, it reads like a less strident version of the Cluetrain Manifesto. One telling quote is: 'Traditional capital was stuck in a company's bank account or investments. It could not walk away in disgust. Human capital has free will. It can walk out the door; traditional capital cannot.' This article is part of a larger series titled The 10 Driving Principles of the New Economy. "